Toronto Condo Market Report November-December 2020

16 November 2020
Remax-Condos-Plus

October showed 10,500 sales on TRREB. This was down about 5% from September but still up 25% from October a year ago.


Toronto Condo Market Report-October-November 2020

19 October 2020
Remax-Condos-Plus

The big news is that September sales on TRREB, at just over 11,000 units, was a record for the month.


Toronto Condo Market Report September-October 2020

14 September 2020
Remax-Condos-Plus

August sales on TRREB were 10,775. This represented a 40% increase over August of last year.


Toronto Condo Market Report August-September 2020

17 August 2020
Remax-Condos-Plus

July was the biggest sales month of 2020 but also the biggest sales month ever for a July according to TRREB.


Toronto Condo Market Report July-August 2020

13 July 2020
Remax-Condos-Plus

The real estate market returned to some normalcy in June.


Toronto Condo Market Report June-July 2020

18 June 2020
Remax-Condos-Plus

On the surface, sales declined 53% this May from May of 2019 to 4606 units.


Toronto Condo Market Report May-June 2020

21 May 2020
Remax-Condos-Plus

So how bad were sales on the Toronto Real Estate Board in April?


Toronto Condo Market Report April-May 2020

16 April 2020
Remax-Condos-Plus

Sales for the first two weeks of March were excellent for that time of year. Then the shut down and social distancing was put into place. The Weekly Sales for the GTA from March 1st to April 11 (six weeks). From the peak to the most recent week, the decline is 85%.


Toronto Condo Market Report March-April 2020

16 March 2020
Remax-Condos-Plus

The real question is not how strong the current real estate market is; but what will be the impact of the Coronavirus (Covid-19) versus the impact of lower mortgage rates and a lower stress test going forward.


Toronto Condo Market Report February-March 2020

25 February 2020
Remax-Condos-Plus

Sales results from January confirm that this will be a strong real estate year – not just in sales but for prices too. In January, sales were up by 15% over January of last year. But to put this in perspective, they matched January sales from 2016!